2014 and Earlier Chevrolet Traverse Lease Questions

Comments

I spoke to the lease manager @ my local Chevy dealer and he confirmed that based on the appraisal @ the end of the lease and the residual the customer is entitled to the difference which they could use as a down payment or be given a check and just walk away. Since my 2010 has extremely low mileage and is in mint condition, he told me currently I could be looking @ around $2,000. I just wanted to see if other GM dealers would have a higher appraisal.

Edmunds itself states customers could have equity in their lease cars.

I have a deal at a Chevy Dealer for a Traverse 2LT with moon roof and leather seats. The MSRP is 41,340 and the final price is 37,165. They offered me a lease at 387 a month with $8,300 down for 36 months, 15k a year mileage with a buy at $23,151

The 8,300 seems like a large down-payment on a lease. Can someone help me out? Is this a good deal.

I brought home a fully loaded MSRP $49,540 2014 Chevy Traverse LTZ and got an amazing deal! I priced this car at 12 different dealerships and none could even come close!!

Since this was a 2014 there is really no Chevy incentives except the $500 cash back!

I am not a sucker and I stood my ground and told all 12 dealerships this is the only deal I would make.

Anyway here is my deal!

I got OVER 5 thousand off sticker. My lease paperwork shows I bought this car for $44,000. I leased it and with 15k miles per year and a residual value of 58% and $3000 total cash out of pocket that was applied to my NJ taxes, first month payment and all dealer fees, license plates etc.

The GM even bought my family dinner and told me to only give him $2,830 and to keep the other $170 for a steak dinner on him!

WOW!!!! All other dealerships the other 11 were just greedy and stupid and would rather make nothing then move a car!!

Veh MSRP $49,540 (fully loaded)36 MONTH lease $2830 total cash out of pocket15K MILES per year$459 month payment Financing through ALLY (800 credit score)Deal was done on July 23, 2013

No back door fees and a deal that 11 other greedy dealerships could not touch!!!All reading don't be a sucker and stand your ground and tellthe dealerships where to go if they don't like your numbers and what you want to pay!!!

That is an amazing deal. I have only dealt with 3 different dealerships on leasing a Chevy Traverse LTZ ( and @ all 3 dealerships are telling me I would need at least 5 to 6000 down on 48 month lease @ nearly $500 per month. Plus the LTZ I wanted was not fully loaded (MSRP 45,000) . How did you do it?

Hi, I stood my ground!!! Dealerships are very desperate right now. Look at all the car commercials on TV. I know most dealerships will give you and push a deal on a 2013 because of the money rebates available from GM.

Out of the 12 dealerships, only one other came close to this deal. That dealership offered me a similar deal but at $479 on a 2014 TRAVERSE LTZ with a MSRP of $48,700. It did not have the hit to road package and all weather resistant mats..

They would not budge on the $479 and they had 10 2014 Traverse LTZ in stock!!

That is the funny thing!!! 10 of these in stock and another dealership with only one in stock with a higher MSRP BEAT their deal !!

Also the other dealership wanted to use US bank which I heard has back door fees and microscopes the car when you return it!!

Stand your ground!!!! Find out what the real invoice price of the vehicle you choose is!! Like my car MSRP was $49540 and my Invoice price was $46297. Once you know the true invoice price of vehicle alway negotiate the deal to get the vehicle for $2000 under invoice!!! This is really easy to do but 2014's just came out and most dealerships are just plan greedy and will wait for a sucker buyer!!

This deal that I got will be super easy to get at the end of November!!! Reason being the greedy dealerships will have plenty of rebates to still line their pockets with!!!

But if you need this car now, try to wait for Sept. 4 when a new program will be out with some extra dealer cash and plenty of these Ltz will be available!!

The funny thing I did when i brought my new baby home was emailed the 11 dealerships that lost in selling me a car and told me they could not come close to my deal, I sent pictures of my new car, a picture of my window sticker and a picture of my lease agreement contract with all important #s and told them all to where to stick their cars and deals offered to me!!!

I loved sticking it in their rear after they cried the deal I was asking for was impossible!!!

bottom line you are getting taken like the movie!!!. tell the dealership the only deal you will make is him knocking $5000 off sticker and you will be only putting $2000 down toward your taxes, first payment and all dealer fees. You want 15K per year a 36 month lease and will only pay $299 a month.

This is a 2013 and the dealer is making a ton of back door money to get rid of these basic trashy models. So many basic model 2013 LS are around and if you go to at least 10 dealerships one will be sure to take this as your final offer.

Remember all dealerships are just trying to rear end you! You tell them what you want to pay bottom line.

I did look at a 2013 LTZ AWD Fully loaded with a MSRP of 47K and with $3000 down and 15K per year 36 month lease the dealer would have done the deal for $368 a month.

Just remember you will always get screwed no matter what deal you make!!

Thanks! The deal I listed is their advertised internet special, but it was still based off of MSRP so I figured there was still a good amount of wiggle room. The first dealer I went to told me that the invoice rate was only $700 under the MSRP so I shouldn't even bother negotiating. Needless to say I'll be finding a new dealer.

Side note: I live in Oregon so we don't have a sales tax thankfully.

I was guessing (because I don't exactly know how to do the math), that something at $0 down, $329 a month would be doing the deal "near invoice". Is that an acceptable offer? Good? Bad? Ugly? If money down is required then I'd just take it straight off the monthly payments.

You got a good deal as long as you don't put on a lot ofMiles. 10k a year would not work for me. My last leased car was a honda and I had 15k miles per year and still went over by 7k miles at end of lease. Honda is awesome and ate $1100 worth of those miles and I only had to pay $700!!

I don't think GM would do that!! I almost bought a pilot touring but liked this truck better!!! Onstar is cool with phone app! But after they 6 months onstar will try to hit you with crazy fees to continue!

Does anyone know about the tow hitch package.. I got a hitch package and I got a wire in my glove box that does not fit into anything.. I did notGet a wire that can fit the socket next to hitch. Anyone get this wire!!

Hello, does anyone know of current (as of 09/05/13) lease residuals and rates on both 2013 and 2014 AWD Traverse 2LTs? I am just starting the process today and although the 56% residual (36 month/36K miles) I have been quoted seems reasonable the money factor rate of 3.18% does not (for someone with excellent credit at least). I am looking at a 2LT with an MSRP of $44,400. Thanks for your time.